The future of shale revolution

Abstract

The shale revolution can be said a revolution of the quantity of oil and natural gas among the fossil fuels which the human can use. A sudden rise of the self-sufficiency ratio of natural gas and a rapid decrease in oil import advanced simultaneously in the United States. The rapid increase of shale oil production in the US resulted in a drop of its oil dependence to Middle East and Africa, and then both the world energy map and the money flow changed dramatically. The shale revolution should be the cause for the falling tendency of the crude oil price from the mid-2014. I want to tell the fortune of the shale revolution by analyzing the facts so far.